NYSE$TX
Ternium SA-ADR · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Ternium reported a sequential increase in adjusted EBITDA driven by improved margins and steel and iron ore shipments for the first quarter ended March 31, 2025.
Ternium announced its first quarter 2025 results, showing a sequential increase in adjusted EBITDA due to improved margins and higher steel and iron ore shipments. The company's net income was $142 million, and adjusted net income was $188 million, excluding a litigation-related provision. Capital expenditures were significant, primarily for the Pesquería industrial center expansion.
- Adjusted EBITDA increased sequentially by 19% to $322 million, driven by improved margins and higher shipments.
- Net income for the quarter was $142 million, with adjusted net income reaching $188 million after excluding a litigation provision.
- Steel product shipments increased by 2% sequentially to 3.9 million tons, while mining product shipments rose by 4% to 1.8 million tons.
- Capital expenditures totaled $518 million, mainly for the ongoing expansion at the Pesquería industrial center in Mexico.
Headline financials
Revenue & EPS history
Ternium · Revenue · Quarterly
$3.93B
Revenue by segment
Ternium · $3.93B total across 2 segments · Q1 2026
- Steel$3.81B—97.0%
- Mining$120M—3.0%
Forward guidance
Ternium expects a sequential increase in adjusted EBITDA in the second quarter of 2025, driven by higher realized steel prices and slightly lower cost per ton, with relatively stable steel shipments.
Tailwinds
- Expected sequential increase in adjusted EBITDA in Q2 2025.
- Anticipated higher realized steel prices.
- Slightly lower cost per ton expected.
- Relatively stable steel shipments projected.
- Sequential increase in shipments in Argentina due to macroeconomic improvements.
Headwinds
- Volumes in Mexico are expected to remain subdued due to unresolved tariff issues.
- Unresolved unfair trade practices in the Brazilian steel market.
- Notable year-over-year increases in imports in Brazil during Q1 2025.
- Total cost of Pesquería expansion plan increased to $4.0 billion.
- New steel slab mill in Pesquería now expected to begin operations by Q4 2026, a delay from prior estimates.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+1.4%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-1.3%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+11.9%
Q3 2022
Best reaction
-15.6%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.1% | -6.6% | -0.9% | |
| Q4 2025 | +0.9% | +0.2% | -13.3% | |
| Q3 2025 | -6.0% | -3.8% | -2.4% | |
| Q2 2025 | +3.8% | -2.8% | +5.0% | |
| Q1 2025 | -2.3% | +0.4% | -7.3% | |
| Q4 2024 | -4.0% | -5.3% | +0.8% | |
| Q3 2024 | +6.3% | -5.4% | -13.4% | |
| Q2 2024 | -3.4% | -8.0% | -5.5% | |
| Q1 2024 | +0.1% | +1.1% | +1.5% | |
| Q4 2023 | +8.0% | +5.8% | +9.1% | |
| Q3 2023 | -3.5% | -2.9% | +4.8% | |
| Q2 2023 | -8.4% | -7.9% | -6.4% | |
| Q1 2023 | +1.3% | +4.1% | -8.0% | |
| Q4 2022 | +8.2% | +7.9% | +5.7% | |
| Q3 2022 | +11.9% | +10.3% | +14.2% | |
| Q2 2022 | -2.6% | -1.2% | -15.4% | |
| Q1 2022 | +3.7% | +2.6% | +6.6% | |
| Q4 2021 | -9.4% | -12.6% | -0.4% | |
| Q3 2021 | -15.6% | -17.8% | -14.7% | |
| Q2 2021 | +4.6% | +5.7% | +10.4% | |
| Q1 2021 | -1.7% | -4.8% | -10.0% | |
| Q4 2020 | +3.4% | -2.8% | +14.0% | |
| Q3 2020 | +0.5% | +9.3% | +44.6% | |
| Q2 2020 | +7.7% | +11.6% | +24.0% | |
| Q1 2020 | +5.7% | -8.9% | +11.3% | |
| Q4 2019 | -4.9% | -3.6% | -49.0% | |
| Q3 2019 | +5.1% | +5.3% | +10.7% | |
| Q2 2019 | -5.7% | -6.5% | -21.8% | |
| Q1 2019 | +7.8% | +7.8% | +0.5% | |
| Q4 2018 | -5.8% | -2.7% | -10.4% | |
| Q3 2018 | +9.7% | +11.4% | -0.1% | |
| Q2 2018 | -0.5% | -2.0% | -23.8% | |
| Q1 2018 | +11.3% | +4.6% | -0.5% | |
| Q4 2017 | -0.3% | +0.0% | -13.1% | |
| Q3 2017 | -5.5% | -7.4% | -9.8% | |
| Q2 2017 | -1.2% | -2.6% | -0.6% | |
| Q1 2017 | -1.8% | -0.8% | +1.3% | |
| Q4 2016 | +10.7% | +8.7% | +11.0% | |
| Q3 2016 | +9.8% | +14.1% | +6.9% | |
| Q2 2016 | +9.6% | +7.9% | -6.1% | |
| Q1 2016 | +6.0% | — | — | |
| Q4 2015 | +9.6% | — | — | |
| Q3 2015 | +11.9% | — | — | |
| Q1 2015 | -2.3% | — | — | |
| Q4 2014 | -0.3% | — | — | |
| Q3 2014 | -9.6% | — | — | |
| Q2 2014 | -6.6% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q3 2013 | +3.8% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q4 2012 | +9.9% | — | — | |
| Q1 2013 | -2.9% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | -7.4% | — | — | |
| Q4 2011 | +9.6% | — | — | |
| Q1 2012 | +3.9% | — | — | |
| Q3 2011 | +5.5% | — | — | |
| Q2 2011 | +3.3% | — | — | |
| Q4 2010 | +4.8% | — | — | |
| Q1 2011 | +4.5% | — | — | |
| Q3 2010 | +6.5% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +0.7% | — | — |
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